JSE-listed know-how group Altron is celebrating its 60th anniversary with a name to enterprise, authorities and civil society to rebuild the Johannesburg CBD and surrounding areas after years of decay and decline.
In response to CEO Werner Kapp, Altron has partnered with non-profit interior metropolis revitalisation organisation Jozi My Jozi to drive initiatives aimed toward sparking the town’s revitalisation.
“The very first thing we’re doing when it comes to rejuvenating Joburg is partnering with Jozi My Jozi. We actually centred numerous our CSI (company social funding) initiatives round Jozi My Jozi the place we give our workforce a possibility to put money into their private capability and the corporate matches these donations,” Kapp mentioned at a media occasion in Johannesburg on Monday.
Jozi My Jozi is a community-driven initiative that helps residents and firms undertake outreach tasks in and across the CBD.
In response to Kapp, Altron’s partnership with Jozi My Jozi runs “into the tens of millions” of rand, with no time window outlined for the collaboration.
Kapp mentioned Altron’s deal with supporting academic programmes, particularly in maths and science, is one other approach it’s seeking to the long-term sustainability of the programme. Altron administers a bursary scheme on the tertiary stage and has partnered with AI-powered edtech platform Mathew to assist pre-tertiary college students plug gaps of their maths and science training.
“We’re actually pre-tertiary training as a result of what we discovered is that when these college students get to tertiary training, they wrestle. They’ve a little bit of an obstacle at tertiary training after which past,” mentioned Kapp.
Crime
Crime is a serious contributor to decay and decline within the interior metropolis (and past). Netstar, an Altron subsidiary, is contributing to the struggle in opposition to crime by means of its SafeCity initiative, which has positioned licence plate recognition good cameras in strategic areas throughout Gauteng. In response to Kapp, the SafeCity venture is open to collaboration with regulation enforcement and personal safety corporations to assist stamp out crime.
Netstar additionally has a partnership with the Putco bus firm, the place good know-how resembling trackers and in-vehicle cameras are getting used to boost highway security for Putco’s 260 000 every day commuters. In response to Altron, the venture has led to a 70% discount in Putco’s accident charge.
Linked on to crime is financial progress and inclusion, mentioned Kapp. He mentioned Altron Fintech’s options energy some 10 500 SMEs in and across the CBD, serving to present these companies house owners with entry to secure, dependable microfinancing options whereas drawing them into the formal economic system.
Altron’s name to motion was accompanied on the occasion by an intriguing narrative by historian Michael Charlton, detailing the historical past of Johannesburg’s formation and industrialisation.
Altron founder Invoice Venter’s entrepreneurial exploits resulting in the formation of the corporate in 1965 had been interwoven to point out the deep connections between Altron and Johannesburg.
Learn: Altron expects huge soar in full-year earnings
“Commemorating our sixtieth anniversary by telling this story is important as a result of Joburg is the beating coronary heart of South Africa’s economic system. Altron’s story is intertwined with Joburg’s historical past, and that is about reaffirming our dedication to the town’s future,” mentioned Knapp. – © 2025 NewsCentral Media
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